Meme coin surges 77% on Robinhood listing

Robinhood is legitimizing pure speculation by listing CASHCAT, a meme coin with zero utility that exists only because of a rejected company name. Despite no official link to the brokerage, the coin surged 77% on the listing news before crashing. It’s a clear sign that market value is now driven by social media lore rather than financial substance. Is Robinhood responsible for fueling these hype-driven pump-and-dumps, or is this just the new reality of trading? What’s your take?
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